Real estate: Hot property listings and good news for the Western District

22 April, 2015

3 Min Read

By: Letizia Casalino, Hong Kong Sotheby’s International Realty

Yes please, I’ll take this view of Victoria Harbour

Infrastructure development brings fresh opportunities. The three new MTR stations that have been opened this year extending the Island Line to Kennedy Town bring with them big changes for the surrounding areas.

The effect is clearly seen in the residential, industrial and commercial property markets. Property prices are swiftly rising due to a new influx of residents wanting to move towards convenient transportation hubs. New premises are being developed and old ones upgraded to satisfy the new demand. Restaurants, pubs, shops are being revitalised too, with new venues opening in the up-and-coming areas of Sai Yin Pun and Kennedy Town. More visitors – and new residents – are being attracted from all over Hong Kong.

With the strong first-hand sales market, and developers pumping investment in and revealing the many new projects they’ve been keeping up their sleeves, Hong Kong has seen a steep increase in the number and price of closing rates and selling prices.

Be here now in this gorgeous Tai Hang 2 bedroom apartment for sale

We dream about living in this huge apartment at The Peak

The kitchen with loads of light from the French windows

Relax on the terrace with the Tai Po scenery at your sight line

Beautiful village house for sale in Lam Tsuen, Tai Po

Enjoy a restful snooze in this Tai Po village house

Surround yourself in quietude in this seaside Stanley flat

The bathtub in this Stanley flat is truly meltworthy

Drink in the views of this Stanley apartment for sale *and* for rent

“I woke up like this” – Causeway Bay flat for sale

This renovated Causeway Bay apartment comes with spectacular views

Yes please, I’ll take this view of Victoria Harbour

Like what you’re reading? Get a glimpse inside these listings in our gallery above

So what exactly are we after? A larger space in an “older” building? Or a brand new unit with an extravagant lobby and new technology to assist in switching on and off the lights? This question has been raised in many industry discussion. The other important question is: Will these premises be for own use or investment?

Whatever the outcome, the Western District has been a hot bed of activity and excitement in the first quarter of 2015 and will continue to bring new vibrancy to the traditional areas into the year.

Hong Kong property listings: apartments for rent and homes for sale

Charming Colonial Apartment
District : Tai Hang
Sale price: HK$23M
Size: 1,364 sq. ft
Bedrooms: 2 (1 ensuite)
Bathrooms: 2
Listing: 131286A bright, airy apartment with living and dining room extending to a balcony through French doors, and a spacious master bedroom that can be easily converted into two bedrooms. The bathrooms have been renovated and the kitchen is fully equipped.

Spectacular Stylish Residence
District: The Peak
Rent price: $188K
Size: 2,545 sq. ft
Bedrooms: 4 (2)
Bathrooms: 3
Listing: 7360Features include beautiful French windows and high ceilings, spacious front and back terraces with two balconies, and an open-style kitchen with an island and high-end appliances.